NOT LISTED FOR SALE

1801 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,561,000 - $11,796,387

5 Beds
6.5 Baths
8,585 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $12,625,000 $1,471 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $62,290/month

6 Days on Market

Highlights

  • On Golf Course
  • Private Pool
  • High Ceiling
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Great Room

About This Home

As of June 2024

This double-lot golf course home in the prestigious Royal Palm Yacht & Country Club, boasts 207 feet of golf frontage, offering stunning views overlooking three Jack Nicklaus fairways!Step into paradise as you enter the expansive outdoor oasis featuring a heated, two-tier, child-friendly pool with a spa and playful water sprays. Entertain guests or unwind in style on the covered terrace, where a natural gas fireplace adds warmth and ambiance to cool evenings under the stars.The interior of this magnificent home is equally impressive, with first and second-floor master suites offering serene pool views and luxurious accommodations. The gourmet open-air kitchen is a chef's dream, featuring custom cabinetry, integrated appliances, and a huge walk-in pantry, perfect for culinary creation

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/15/2024

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,929

Year Built

  • Built in 2006

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 200'x142'x207'x140'
  • On Golf Course
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 8,585 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100140340

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,929

Year Built

Built in 2006

Lot Details

0

HOA Fees

$597 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, High Ceilings, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 8585.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 597.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100140340
  • Lot Size: 200'x142'x207'x140'
  • Lot Size Sq Ft: 28570.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 84929.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 7, 2024
Sold by
Hoyes Louis W and Louis W Hoyes Revocable Trust
Bought by
1801 Royal Palm Way Land Trust and Fisher
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$13,450,000
Sold Price
$12,625,000
Premium/Discount to List
-$825,000
-6.13%
Views
8
Current Estimated Value
$9,833,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,791,871
Avg. Annual Appreciation
-20.58%

Purchase Details

Closed on
Mar 16, 2022
Sold by
Lakshmi Jennifer Hoyes Revocable Trust
Bought by
Lakshmi Jennifer Hoyes Revocable Trust and Louis W Hoyes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 19, 2018
Sold by
Hoyes Lakshmi Jennifer and Hoyes Louis W
Bought by
Hoyes Lakshmi Jennifer and Hoyes Louis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,393,750
Interest Rate
4.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 6, 2014
Sold by
Hoyes Louis W and Hoyes Jennifer T
Bought by
Lakshmi Jennifer Hoyes Revocable Trust and Hoyes Louis W

Purchase Details

Closed on
Feb 13, 2004
Sold by
Middlebrook Janice V
Bought by
Hoyes Louis W and Hoyes Jennifer T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1995
Sold by
Kolb John G and Kolb Nancy P
Bought by
Middlebrook Ii Bradley and Middlebrook Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.21%

Purchase Details

Closed on
Aug 6, 1993
Sold by
Dee Eileen M
Bought by
Middlebrook Ii Bradley and Middlebrook Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1801 Royal Palm Way Land Trust $12,625,000 Old Palm Title
Lakshmi Jennifer Hoyes Revocable Trust -- Desantis P
Hoyes Lakshmi Jennifer -- Fnc Title Services Llc
Lakshmi Jennifer Hoyes Revocable Trust -- Attorney
Hoyes Louis W $2,750,000 --
Middlebrook Ii Bradley $600,000 --
Middlebrook Ii Bradley $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakshmi Jennifer Hoyes Revocable Trust $6,000,000
Previous Owner Hoyes Lakshmi Jennifer $9,393,750
Previous Owner Hoyes Louis W $1,750,000
Previous Owner Middlebrook Janice $2,400,000
Previous Owner Middlebrook Ii Bradley $540,000
Previous Owner Middlebrook Ii Bradley $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $12,625,000 -6.1% $1,471 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $13,450,000 -- $1,567 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $86,745 $5,118,998 -- --
2023 $84,929 $4,969,901 $0 $0
2022 $84,355 $4,825,147 $0 $0
2021 $84,182 $4,684,609 $0 $0
2020 $83,018 $4,619,930 $0 $0
2019 $83,495 $4,516,061 $0 $0
2018 $78,276 $4,431,856 $0 $0
2017 $77,899 $4,340,701 $0 $0
2016 $78,275 $4,251,421 $0 $0
2015 $80,478 $4,221,868 $0 $0
2014 $80,818 $4,188,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    175 in this area

    185 Total Sales

    David Roberts
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Map

Source: BeachesMLS

MLS Number: R10987671

BeachesMLS

APN: 06-43-47-29-10-014-0340

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

1801 Royal Palm Way, Boca Raton, FL

This home is located at 1801 Royal Palm Way, Boca Raton, FL 33432 since 15 May 2024 and is currently estimated at $9,833,129, approximately $1,145 per square foot. This property was built in 2006. 1801 Royal Palm Way is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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